Enthusiast Gaming Holdings Inc (EGLX) - Net Assets
Based on the latest financial reports, Enthusiast Gaming Holdings Inc (EGLX) has net assets worth CA$7.95 Million CAD (≈ $5.75 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$71.49 Million ≈ $51.72 Million USD) and total liabilities (CA$63.54 Million ≈ $45.96 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Enthusiast Gaming Holdings Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$7.95 Million |
| % of Total Assets | 11.13% |
| Annual Growth Rate | 105.57% |
| 5-Year Change | -63.52% |
| 10-Year Change | N/A |
| Growth Volatility | 3356.79 |
Enthusiast Gaming Holdings Inc - Net Assets Trend (2017–2024)
This chart illustrates how Enthusiast Gaming Holdings Inc's net assets have evolved over time, based on quarterly financial data. Also explore Enthusiast Gaming Holdings Inc total assets for the complete picture of this company's asset base.
Annual Net Assets for Enthusiast Gaming Holdings Inc (2017–2024)
The table below shows the annual net assets of Enthusiast Gaming Holdings Inc from 2017 to 2024. For live valuation and market cap data, see Enthusiast Gaming Holdings Inc (EGLX) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$51.75 Million ≈ $37.43 Million |
-63.74% |
| 2023-12-31 | CA$142.72 Million ≈ $103.24 Million |
-43.96% |
| 2022-12-31 | CA$254.65 Million ≈ $184.21 Million |
-3.09% |
| 2021-12-31 | CA$262.77 Million ≈ $190.08 Million |
+85.22% |
| 2020-12-31 | CA$141.87 Million ≈ $102.63 Million |
+19.56% |
| 2019-12-31 | CA$118.66 Million ≈ $85.83 Million |
+9631.67% |
| 2018-12-31 | CA$1.22 Million ≈ $882.01K |
+265.70% |
| 2017-12-31 | CA$333.41K ≈ $241.19K |
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Equity Component Analysis
This analysis shows how different components contribute to Enthusiast Gaming Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 44069618800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$461.61 Million | 892.01% |
| Other Comprehensive Income | CA$13.37 Million | 25.83% |
| Other Components | CA$17.60 Million | 34.00% |
| Total Equity | CA$51.75 Million | 100.00% |
Enthusiast Gaming Holdings Inc Competitors by Market Cap
The table below lists competitors of Enthusiast Gaming Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHATHAM ROCK PHOSPHATE
F:3GRE
|
$5.18 Million |
|
Prospech Ltd
AU:PRS
|
$5.19 Million |
|
Modern Times Group Mtg AB
ST:MTG-A
|
$5.19 Million |
|
Stuhini Exploration Ltd
V:STU
|
$5.19 Million |
|
Chrysalis Investments Ltd
LSE:CHRY
|
$5.18 Million |
|
Aldrich Resources Bhd
KLSE:0079
|
$5.18 Million |
|
Golden Tobacco Limited
NSE:GOLDENTOBC
|
$5.18 Million |
|
SUNation Energy Inc.
NASDAQ:SUNE
|
$5.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enthusiast Gaming Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 142,716,674 to 51,749,367, a change of -90,967,307 (-63.7%).
- Net loss of 95,983,000 reduced equity.
- Other comprehensive income increased equity by 6,163,389.
- Other factors decreased equity by 1,147,696.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-95.98 Million | -185.48% |
| Other Comprehensive Income | CA$6.16 Million | +11.91% |
| Other Changes | CA$-1.15 Million | -2.22% |
| Total Change | CA$- | -63.74% |
Book Value vs Market Value Analysis
This analysis compares Enthusiast Gaming Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.14x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.92 | CA$0.05 | x |
| 2018-12-31 | CA$0.07 | CA$0.05 | x |
| 2019-12-31 | CA$3.13 | CA$0.05 | x |
| 2020-12-31 | CA$1.70 | CA$0.05 | x |
| 2021-12-31 | CA$2.17 | CA$0.05 | x |
| 2022-12-31 | CA$1.77 | CA$0.05 | x |
| 2023-12-31 | CA$0.93 | CA$0.05 | x |
| 2024-12-31 | CA$0.33 | CA$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enthusiast Gaming Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -185.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -132.26%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 2.48x
- Recent ROE (-185.48%) is below the historical average (-57.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -36.89% | -3.62% | 9.56x | 1.06x | CA$-156.34K |
| 2018 | -22.72% | -2.52% | 8.78x | 1.03x | CA$-398.93K |
| 2019 | -66.20% | -667.85% | 0.07x | 1.43x | CA$-90.41 Million |
| 2020 | -18.93% | -36.91% | 0.33x | 1.57x | CA$-41.04 Million |
| 2021 | -19.81% | -31.10% | 0.43x | 1.48x | CA$-78.32 Million |
| 2022 | -30.17% | -37.88% | 0.59x | 1.34x | CA$-102.30 Million |
| 2023 | -82.45% | -66.04% | 0.74x | 1.70x | CA$-131.95 Million |
| 2024 | -185.48% | -132.26% | 0.56x | 2.48x | CA$-101.16 Million |
Industry Comparison
This section compares Enthusiast Gaming Holdings Inc's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $19,147,233
- Average return on equity (ROE) among peers: -13.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enthusiast Gaming Holdings Inc (EGLX) | CA$7.95 Million | -36.89% | 7.99x | $5.18 Million |
| Builddirect.com Tehcnologies Inc (BILD) | $3.15 Million | -39.54% | 7.80x | $105.96 Million |
| VerticalScope Holdings Inc (FORA) | $75.14 Million | -10.86% | 0.76x | $35.70 Million |
| Personas Social Inc (PRSN) | $-4.27 Million | 0.00% | 0.00x | $12.56 Million |
| Yangaroo Inc (YOO) | $4.01 Million | -66.85% | 0.09x | $1.58 Million |
| Zoomd Technologies Ltd (ZOMD) | $17.70 Million | 50.32% | 0.62x | $39.00 Million |
About Enthusiast Gaming Holdings Inc
Enthusiast Gaming Holdings Inc., an integrated gaming entertainment company, engages in media and content, esports and entertainment, and subscription businesses in the United States, Canada, England and Wales, and internationally. The company owns and operates websites that contain news, reviews, videos, live streams, and other video-gaming related content, and casual games. It also operates Lum… Read more